By: Alyssa Mossman

Last time in our Investing in Women Works series, we discussed female leaders creating more jobs than their male counterparts.

This week, we want to tell you about the financial gains you can look forward to if your company makes gender diversity a priority today!

Here is some data to consider:

1. Higher Return Rates

   Fortune 500 companies with more women sitting on the board beat out companies with fewer women in the following categories:
   – 53% higher return on equity
   – 42% higher return on sales
   -66% higher return on invested capital

2. More Revenue

   In a study of the retail industry, diverse and engaged units experienced 46% higher increase in comparable revenue than other units. 

   *We will talk about the importance about creating an engaging workplace in an upcoming post in this series

3. Increase Net Profit

   When analyzing 21,980 global publicly traded companies in 91 countries in varying industries, a study concluded that having at least 30% of women in leadership roles increased net profit margins by 6%

4. Decrease Turnover

   Employers know that losing employees can cost the company as much as 150% of that employee’s annual salary, so keeping good people on your team is vital! Having a diverse workplace can decrease turnover rate by 22%. If you’re looking for other ways to find and keep great women workers, read our recent article on the topic here.

The evidence is clear, investing in women works! Make diversity, mentorship, and leadership training a priority and your business will flourish.
Employers: Find top talent on our job board for your next open position. List a job with us today here!